News

TRM Corp. expects losses

March 19, 2006

The Business Journal of Portland:TRM Corp. is delaying fourth-quarter and full-year financial filings until on or before March 31. When the company does file the report, however, it expects to announce losses in earnings. TRM said it needs the additional time to complete the preparation of its consolidated financial statements.

On March 13, TRM appointed Jeffrey F. Brotman as interim president and chief executive officer. The filing extension allows Brotman time to review the annual audit.

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